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Category: Bankruptcy Attorney Questions

Do I Need a Bankruptcy Attorney?

October 20, 2016 | Posted in Bankruptcy Attorney Questions

Yes, you need a bankruptcy attorney to file for Chapter 7, Chapter 11, or Chapter 13 bankruptcy. While you don’t HAVE to have legal representation, your chances in successfully obtaining a discharge of your debt on your own are very low. So low in fact, that the United States Courts HIGHLY recommend you obtain the […]

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Do Bankruptcy Laws Vary From State to State?

September 22, 2016 | Posted in Bankruptcy Attorney Questions

When reading about bankruptcy law in their particular state, many people would suspect by the wording of the articles that the laws governing bankruptcy differ from state to state. This would be a common misconception but an understandable one given the way many articles site example from different states. The actual fact is that all […]

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Are Debt Relief Agencies Legit?

July 26, 2016 | Posted in Bankruptcy Attorney Questions

Many people who find themselves mired in debt with no foreseeable way out seek out any and all possible avenues to get themselves out of the predicament they find themselves in. This includes turning to agencies that purport to negotiate on their behalf and find a compromise with creditors in exchange for a flat fee. […]

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What Is A “Voluntary Dismissal”?

July 13, 2016 | Posted in Bankruptcy Attorney Questions

In some cases, rather than wait for the courts to decide if a bankruptcy petition can move forward the individual filing may seek the voluntarily dismissal of the proceedings and back out of the bankruptcy. This can happen if a petitioner has suddenly come into an unexpected sum of money and no longer feels that […]

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What Can Lead To Personal Bankruptcy?

June 28, 2016 | Posted in Bankruptcy Attorney Questions

Most people, when asked, would point to prolonged unemployment or even a recent job loss as the main reason that people would even contemplate much less proceed with seeking bankruptcy protection through the courts. Others would suggest that failed businesses are the primary culprit. Both of these mindsets, while understandable, would prove to be incorrect. […]

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Financial Advisors Can Face Bankruptcy Too

April 5, 2016 | Posted in Bankrtuptcy Filing

It is not unusual for individuals that have run into financial difficulty to seek out the opinions of a financial advisor. There are individuals that may have done very well financially but due to a turn in events have ruined their financial status. They are now in a position where they can no longer meet […]

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Can You Get Fired For Going Bankrupt?

April 23, 2015 | Posted in Bankruptcy Attorney Questions

Not only do many people worry about what it going to happen to all of their personal assets if they decide to go bankrupt, they are also concerned about their employment. Some fear that because of the way the company they work for views bankruptcy, they may lose their job because of going bankrupt. There […]

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